Word: pegging
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...bulk of Grasso's payout--$91.6 million--comes from deferred retirement benefits and savings, and he enjoyed an 8% guaranteed return on one-tenth of his total compensation. "That's a little unusual," Jensen says, because most executive retirement plans peg their returns to vary with interest rates. Fink says the board will be reviewing all aspects of senior executive benefits in October...
...Kobe Bryant is innocent until proven guilty; therefore, the woman who filed the charges is a victim until proven otherwise. In either case, should further harm come to either party, the people who have fomented the negative hysteria should be held accountable: Tom Leykis and others of his ilk. Peg McNichol Michigan...
Hatch, formerly a presidential hopeful and chair of the Senate Judiciary Committee and now the author of Square Peg: Confessions of a Citizen Senator, was the year’s first guest speaker for the Institute of Politics Book Club...
...think it’s kind of funny because I’m not really that smart,” he says flatly. “When people peg me as an intellectual rapper, I think that’s hilarious. When I think about it, Tupac was the king of ‘emo rap’—so if people want to put me in the same category as Tupac, I’m honored...
That's not huge bucks for a company with $17 billion in revenues, as Halliburton reported in 1998. But scandals over what counts as sales took Xerox down a peg over the last year and have caught up with drug companies Merck and Bristol-Meyers Squibb. The Judicial Watch lawsuit alleges that Halliburton used the revenue-enhancement gimmick to ward off investor scrutiny as the company's financials deteriorated when the oil industry retrenched. Revenues fell anyway, to $12 billion by 2000, Cheney's last year in command...